By Daniel Leussink TOKYO – Japan’s government slashed its economic growth forecast for this fiscal year largely due to slowing overseas demand, highlighting the impact of Russia’s war in Ukraine, …
Growth
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- Financial News
Germany faces slower growth and new spike in inflation, Bundesbank says
by Reutersby ReutersFRANKFURT – The German economy is likely to have grown less than expected this quarter and may face a new spike in inflation in September as government subsidies expire, the …
- Financial News
Japan’s July factory activity growth slows to 10-month low – flash PMI
by Reutersby ReutersTOKYO – Japan’s manufacturing activity grew at the slowest pace in 10 months in July as output and new orders contracted, boding ill for an economy struggling to stage a …
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PARIS – French economic growth will slow sharply next year in the face of mounting geopolitical risks, pushing back improvement in the public sector budget deficit until afterwards, the Finance …
- Financial News
Ukraine war, higher rates to limit growth in developing Asia – ADB
by Reutersby ReutersBy Karen Lema MANILA – The Asian Development Bank (ADB) on Thursday slashed its growth forecasts for developing Asia for this year and next, reflecting the economic fallout from Russia’s …
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By Laila Kearney NEW YORK – U.S. midstream companies have set their sights on natural gas pipelines and export terminals as a key growth opportunity as investor pressures and political …
- Financial News
Japan Q3, FY22 growth seen weaker as global economy stutters – Reuters poll
by Reutersby ReutersBy Kantaro Komiya TOKYO – Japan’s economy is likely to grow at a slower pace than previously thought throughout the rest of the fiscal year, a Reuters poll showed, as …
- Financial News
Vietnam central bank says will stick to monetary policy that supports economic growth
by Reutersby ReutersHANOI – Vietnam will stick to a monetary policy that is “supportive for economic growth” while closely monitoring the inflation situation, the State Bank of Vietnam, the country’s central bank, …
- Business News
Crash Champions Announces Growth Investment from Clearlake and Strategic Transaction with Service King
by Your Newsby Your NewsFounded in 1999 by Matt Ebert, Crash Champions is a U.S. operator of over 200 collision repair facilities. Having expanded from a single storefront in Chicago into a present-day network …
- Business News
Simply Beautiful Smiles Surpasses 40 Offices, Accelerating Growth
by Your Newsby Your NewsFull service DSO doubles footprint over just two years, on pace for 50+ offices in 2022 TREVOSE, Penn., July 15, 2022 — Simply Beautiful Smiles, one of the fastest growing …
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When adjusted for inflation, nine of the 10 costliest hurricanes in U.S. history have struck since 2005. Tweet this Citing 2020 U.S. Census data, Triple-I reported double-digit percentage population growth …
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BEIJING -China’s fiscal revenue growth accelerated in January-June from the first five months, the finance ministry said on Thursday, as the economy showed signs of a slow recovery in June …
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By David Milliken LONDON – British house prices rose at their slowest pace in more than a year last month as buyer demand softened slightly although the overall breadth of …
- Financial News
Bank of Canada again hikes inflation forecast, eyes slower growth but no recession
by Reutersby ReutersOTTAWA, July 13 (Reuters)- The Bank of Canada on Wednesday dramatically upped its near-term inflation forecasts and said there was an increased risk of higher price gains becoming entrenched, as …
- Financial News
China Q2 GDP growth seen dipping to 1% on COVID hit, 2022 growth at 4% – Reuters poll
by Reutersby ReutersBy Kevin Yao BEIJING – China’s economic growth likely slowed sharply in the second quarter as COVID-19 lockdowns hit factories and consumer spending, a Reuters poll showed, suggesting policymakers may …
- Business News
Global Data Center Colocation Industry Report 2022-2027 – Higher Anticipated Growth in Wholesale Datacenter Colocation Spaces to Propel Demand
by Your Newsby Your NewsDUBLIN, July 12, 2022 — The “Data Center Colocation Market – Growth, Trends, COVID-19 Impact, and Forecasts (2022-2027)” report has been added to ResearchAndMarkets.com’s offering. The global data center colocation market …
- Financial News
Brazil’s growth spurt shadowed by concerns over spending plans – Reuters poll
by Reutersby ReutersBy Gabriel Burin BUENOS AIRES – Brazil’s growth spurt this year has been overshadowed by worries about an increasing number of hastily put-together spending plans ahead of October’s presidential vote, …
- Business News
Acorn Growth Companies’ Portfolio Company Aerospares 2000 announces its merger with Sentry Aerospace
by Your Newsby Your NewsAerospares 2000 Limited, an Acorn Growth Company, today announced its merger with Sentry Aerospace Corporation. Tweet this “Sentry is a leader in the aerospace aftermarket with a highly focused stocking …
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WASHINGTON – U.S. consumer credit rose at its slowest pace in four months in May as Americans pulled back on credit card usage, a trend that if sustained, could hamper …
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By Howard Schneider MAYAGUEZ, Puerto Rico – U.S. economic growth could fall below 1% this year and remain sluggish through 2023 as the Fed acts “resolutely” to curb inflation, New …
- Financial News
Singapore minister says India needs higher economic growth to create jobs
by Reutersby ReutersNEW DELHI – India needs to achieve higher economic growth by focusing on exports and expanding production-linked incentives for more sectors to create more jobs, Singapore’s minister Tharman Shanmugaratnam said …
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(Reuters) – The U.S. economy is expected to continue to grow this year even as the Federal Reserve raises interest rates sharply to bring down unacceptably high inflation, St. Louis …
- Financial News
Inflation turns 3% growth for German retail into 2% contraction – association
by Reutersby ReutersBERLIN – The German Retail Association left unchanged its forecast for the sector to grow 3% in nominal terms in 2022, but rising inflation meant that turnover would shrink by …
- Financial News
Italy service sector growth slows for second month in June -PMI
by Reutersby ReutersROME – Italy’s services sector growth slowed for a second month running in June amid high inflation and faltering demand, a survey showed on Tuesday. S&P Global’s Purchasing Managers’ Index …
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MOSCOW – Russia’s service sector expanded last month for the first time since February, when Moscow sent tens of thousands of troops into Ukraine, a business survey showed on Tuesday. …